Chhattisgarh CM urges PM to reconsider Nagarnar steel plant privatisation

 

Chhattisgarh CM urges PM to reconsider Nagarnar steel plant privatisation

Chhattisgarh Chief Minister Bhupesh Baghel has written to Prime Minister Narendra Modi, urging him to revisit decision on privatisation of NMDC’s under-construction steel plant in Nagarnar, Bastar


Current Affairs :Chhattisgarh Chief Minister Bhupesh Baghel has written to Prime Minister Narendra Modi, encouraging him to return to choice on privatization of NMDC’s under-development steel plant in Nagarnar, Bastar. 

In a letter to the head administrator on Wednesday, Baghel said the privatization move will profoundly hurt the desires for lakhs of tribals and Naxalites may exploit the circumstance. 

The nation’s biggest iron metal excavator NMDC, under the Ministry of Steel, is setting up its first steel plant with a limit of 3 million tons for each annum (MTPA) in Nagarnar. The plant was in the rundown of open segment endeavors arranged by the Department of Investment and Public Asset Management (DIPAM) for key divestment. 

In any case, the proposition for vital divestment of the steel plant was later conceded by an Inter-Ministerial Group for Divestment until the unit gets operational. 

In the letter, the main priest informed Modi of the circumstance in the state as to the Center’s arrangement of privatizing the plant. 

In this August 26 letter, Baghel said there is discontent among local people over the Center’s arrangement of privatizing the plant being worked at an expense of Rs 20,000 crore. He mentioned the Center to rethink the choice. 

“The updates on privatization of the plant has unsettled the ancestral network and there is an inclination of disappointment against the administration and organization among them,” the central pastor composed.

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